German Collateral definition

German Collateral means any security interest created under the Collateral Documents governed by German law) in addition to the provision set out above, the specific provisions set out in paragraphs (b) to (e) of this Section 17.19 shall be applicable. In the case of any inconsistency, the provisions set out in paragraphs (b) to (e) of this Section 17.19 shall prevail. The provisions set out in paragraph (b) to (e) of this Section 17.19 shall not constitute a trust but a fiduciary relationship (Treuhand) within the meaning of German law.

German Collateral means all of the assets which from time to time are, or are expressed to be, the subject of the German Security.

German Collateral as defined in Section 10.1(c).

Examples of German Collateral in a sentence

• In relation to any Collateral created under Security Documents governed by German law (the “German Collateral”) the appointment pursuant to paragraph (b) above includes the appointment as trustee (Treuhänder) under German law and administrator for the purpose of accepting and administering the German Collateral for the benefit and account of the other Secured Parties and the Administrative Agent hereby accepts such appointment.

• The Lien granted under any German Collateral Document with respect to the Parallel Debt is granted to the Collateral Agent in its capacity as creditor of the Parallel Debt and shall not be held on trust.

• The Senior Representative further agrees to hold control over such Shared German Collateral as collateral agent for each of the Senior Secured Parties and the Second Priority Debt Parties, subject to the terms and conditions hereof and as set forth in the relevant German Security Document.

• In relation to any Collateral created under Security Documents governed by German law (the “German Collateral”) the appointment pursuant to paragraph (b) above includes the appointment as trustee (Treuhänder) under German law and administrator for the purpose of accepting and administering the German Collateral for the benefit and account of the other Secured Parties and the Administrative Agent xxxxxx accepts such appointment.

• The responsibility of the German Lender to the German Borrowers and the Banks shall be only to determine that the documents (including each draft) delivered under each German Collateral Instrument in connection with such presentment shall be in conformity in all material respects with such German Collateral Instrument.

More Definitions of German Collateral

German Collateral means any and all assets and rights and interests in or to property pledged by one or more members of the Xxxxxxxx Fresh German Group from time to time as security for any or all of the obligations owing in respect of any or all of the German Financing.

German Collateral has the meaning assigned to it in Section 11.1(b).

German Collateral means all of the property of ExOne GmbH in which security interests in favor of the Lender have been granted by ExOne GmbH under the Security Transfer Agreement.

German Collateral means any Collateral governed by German law.

German Collateral means any Collateral assumed or accepted by or through the Collateral Agent or the Secured Parties, as the case may be, pursuant to any German Security Document and held or administered by the Collateral Agent on behalf of or in trust for the Secured Parties under this Agreement or the other Credit Documents and includes any addition, replacement or substitutions thereof

German Collateral the collateral described in the German Mortgage and the German Security Agreement.

German Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a German Loan Party.